Reed Unit

Oil & Gas Property in Shelby County, TX

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Property Summary

Key data points for Reed Unit

CountyShelby County, TX
OperatorSHERIDAN PRODUCTION CO III, LLC
Production DatesApr 2002 - Jun 2026
Total Oil Production25,212 BBLs
Total Gas Production1,598,331 MCF
Recent Oil Production94 BBLs in May 2026
Recent Gas Production2,405 MCF in May 2026
Wells on Property2

Our Valuation Estimates for Reed Unit

ShaleAssessment

$5,430 *

MarketMultiple

$27,192 **

* Assessment based on future expected revenue
** Based on a 36 month multiple of average monthly estimated revenue

Based on a decimal interest

Reed Unit Production Graph

Aggregated production of all wells and leases associated with this property
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to oil and gas production for Reed Unit
from Apr 2002 to Jun 2026

Wells on Reed Unit

API #Well NameOperatorStatusCountyEst. Daily Oil Prod.Est. Daily Gas Prod.Est. Daily Water Prod.LatitudeLongitude
42-419-30821REED UNIT 1SHERIDAN PRODUCTION CO III, LLCProducingShelby County, TX31.768490-94.362808
42-419-31134REED UNIT 2SHERIDAN PRODUCTION CO III, LLCTemp AbandonedShelby County, TX31.770030-94.355001

Leases included in Reed Unit

Lease #Lease NameOperatorCountyMonthly Oil Prod.Monthly Gas Prod.
06-188712REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-221962REED UNIT 1SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-236557REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX
06-265530REED UNIT 2SHERIDAN PRODUCTION CO III, LLCShelby County, TX

Nearby Properties

These are the closest 20 properties to the Reed Unit property.

Property NameLocationOil Prod.Gas Prod.Prod. Period
AdamsShelby County, TX19 BBLs2,310 MCFJun 2026
ArcoShelby County, TX0 BBLs0 MCFJun 2026
BP Ethridge 971Shelby County, TX0 BBLs619 MCFJun 2026
BP Georgetown 885Shelby County, TX0 BBLs1,161 MCFMay 2026
Carlton Gas UnitShelby County, TX0 BBLs0 MCFFeb 2026
CaseShelby County, TX0 BBLs1,383 MCFJun 2026
CrawfordShelby County, TX13 BBLs1,938 MCFJun 2026
Franks EstateShelby County, TX0 BBLs8,356 MCFJun 2026
Franks Lawrence TShelby County, TX1 BBLs2,159 MCFJun 2026
GriffinShelby County, TX75 BBLs8,647 MCFJun 2026
HancockShelby County, TX0 BBLs0 MCFJul 2020
Howard AShelby County, TX0 BBLs1,072 MCFJun 2026
JonesShelby County, TX15 BBLs6,699 MCFJun 2026
Oliver UnitShelby County, TX1 BBLs11,303 MCFJun 2026
PateShelby County, TX66 BBLs3,154 MCFJun 2026
PolleyShelby County, TX0 BBLs233 MCFJun 2026
Ramsey UnitShelby County, TX151 BBLs5,282 MCFJun 2026
SamfordShelby County, TX0 BBLs1,174 MCFJun 2026
Sickel 1Shelby County, TX0 BBLs0 MCFDec 2017
Thomas Gas UnitShelby County, TX0 BBLs626 MCFJun 2026

Frac'ing activity on Reed Unit

API #Well NameStart DateEnd DateVertical DepthTotal Water Volume
42-419-31134Reed Unit 2
42-419-31134Reed Unit #2

Owners of Reed Unit

Royalty Ownership data is obtained from public records
YearOwnerProperty NameOperatorPercentageInterest TypeAppraisal ValueLegal Desciption
2026SHERIDAN PRODUCTION CO III LLCREED #2SHERIDAN PROD COMP
2026SHERIDAN PRODUCTION CO III LLCREED #1SHERIDAN PROD COMP
2026KAISER-FRANCIS OIL COREED #2SHERIDAN PROD COMP
2026KAISER-FRANCIS OIL COREED #1SHERIDAN PROD COMP
2026MILLER LINDA GEEREED #2SHERIDAN PROD COMP
2026MILLER LINDA GEEREED #1SHERIDAN PROD COMP
2026GRANT NEIL & JACKIEREED #2SHERIDAN PROD COMP
2026GRANT NEIL & JACKIEREED #1SHERIDAN PROD COMP
Displaying 8 of 159 Owners   --   Full Ownership Data Available for Subscribers Only

Oil & Gas Sales on Reed Unit

Lease #Lease NameReporting PeriodProductVolumeValueGross PricePurchaserProducer
Lease #Lease NameReporting PeriodProductOil VolumeOil ValueCalculated Oil PricePurchaserProducer
06-188712REED UNIT 1May 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1May 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2May 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2May 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Apr 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Apr 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Apr 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Apr 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Mar 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Mar 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Mar 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Mar 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Feb 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Feb 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Feb 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Feb 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Jan 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Jan 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Jan 2026EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-236557REED UNIT 2Jan 2026SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Dec 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-188712REED UNIT 1Dec 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-236557REED UNIT 2Dec 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC
06-265530REED UNIT 2Dec 2025SHERIDAN PRODUCTION COMPANY, LLCSHERIDAN PRODUCTION COMPANY III, LLC
06-188712REED UNIT 1Nov 2025EASTEX CRUDE COMPANY, LLCSHERIDAN PRODUCTION COMPANY, LLC